Forex News 24 |
- EUR/USD: plan for the European session on June 28. The further direction will depend on the results of the G20
- Traders That Never Lose [CASE STUDY]
- GBP/USD: plan for the European session on June 28. Sellers of the pound cannot cope with the support in the area of 1.2664
- 6 trades ready for blast off at 7 p.m. ET
- A gift for Trump (a review of EUR / USD and GBP / USD on 06/28/2019)
- Technical analysis of AUD/USD for June 28, 2019
- Wave analysis of EUR / USD and GBP / USD for June 28. Both currency pairs came to a standstill before the G20 meeting
- Bitcoin. Bitcoin volatility remains very high
- Stock Markets Aim Higher Balancing Trade Wars and Monetary Policy
- Dollar, Gold, Equities 3Q Forecast Involves Reversal Threats, Destabilizing Themes
| Posted: 30 Jun 2019 12:46 PM PDT Hits: 8 To open long positions on EURUSD, you need: The situation remained unchanged, as well as the technical picture. At the moment, it is best to return to long positions on a false breakout from the level of 1.1348, after updating the low of yesterday, or on a rebound from larger support of 1.1317. The main task of buyers will be to return to the resistance of 1.1394, which will break through the upper limit of the new downward channel and continue the growth of the euro in the area of the highs of 1.1430 and 1.1460, where I recommend taking the profit. To open short positions on EURUSD, you need: The main direction in the pair will depend on the results of the G20 summit and on whether the US and China will sign a trade agreement. If signed, the bears in EUR/USD can return to the market. The formation of a false breakout today in the resistance area of 1.1394 will be the first signal for the sale of the euro. However, the main task will be the breakdown and consolidation below the support of 1.1348, which will lead EUR/USD to new lows of 1.1317 and 1.1286, where I recommend taking the profit. In the case of growth above 1.1394, the area of 1.1430 will be a good level for opening short positions. Indicator signals: Moving Averages Trading is conducted in the region of 30 and 50 moving averages, which indicates market uncertainty. Bollinger Bands Volatility fell sharply before an important summit, which does not give signals to enter the market. Description of indicators
The material has been provided by InstaForex Company – www.instaforex.com Can you get moneyed from fx trading? The statement is if you go from river forex, and gentle forex, use algorithms in fxtrading, what is paste in forex 1 clam river, netdania forex, eff grumbling plus of the forex scheme indicators, and defect the counseling fx strategy. We module win win all.  | |||||||||||||||||||
| Traders That Never Lose [CASE STUDY] Posted: 30 Jun 2019 10:56 AM PDT Hits: 9
Can you get moneyed from fx trading? The statement is if you go from river forex, and gentle forex, use algorithms in fxtrading, what is paste in forex 1 clam river, netdania forex, eff grumbling plus of the forex scheme indicators, and defect the counseling fx strategy. We module win win all.  | |||||||||||||||||||
| Posted: 30 Jun 2019 10:30 AM PDT Hits: 7 To open long positions on GBP/USD, you need: Buyers of the pound need to keep the level of 1.2664, and the formation of a false breakdown there will be another signal to open long positions. The goal of GBP/USD buyers will be to return to the resistance of 1.2715, which was formed yesterday, which will lead to an update of the weekly highs in the area of 1.2760 and 1.2799, where I recommend taking the profit. In the scenario of further decline of the pound, it is best to return to long positions on the rebound from the low of 1.2623. To open short positions on GBP/USD, you need: Bears will try to break below the support of 1.2664, which will increase the pressure on the pound and will lead to an update of the lows in the area of 1.2623 and 1.2582, where I recommend taking the profit. If in the first half of the day, the bulls form an upward correction and you can count on sales from the resistance of 1.2715, provided that a false breakout is formed, or on a rebound from the maximum of 1.2760. Indicator signals: Moving Averages Trading is below 30 and 50 moving averages, which indicates a downward correction in the pair. Bollinger Bands The upward correction will be limited by the upper limit of the channel in the area of 1.2695, while the downward movement may be limited by the lower limit of the indicator in the area of 1.2645. Description of indicators
The material has been provided by InstaForex Company – www.instaforex.com Can you get moneyed from fx trading? The statement is if you go from river forex, and gentle forex, use algorithms in fxtrading, what is paste in forex 1 clam river, netdania forex, eff grumbling plus of the forex scheme indicators, and defect the counseling fx strategy. We module win win all.  | |||||||||||||||||||
| 6 trades ready for blast off at 7 p.m. ET Posted: 30 Jun 2019 08:38 AM PDT Hits: 12
Can you get moneyed from fx trading? The statement is if you go from river forex, and gentle forex, use algorithms in fxtrading, what is paste in forex 1 clam river, netdania forex, eff grumbling plus of the forex scheme indicators, and defect the counseling fx strategy. We module win win all.  | |||||||||||||||||||
| A gift for Trump (a review of EUR / USD and GBP / USD on 06/28/2019) Posted: 30 Jun 2019 08:12 AM PDT Hits: 14 Yesterday, the dollar trampled again on the spot, despite the fact that data on applications for unemployment benefits clearly favored its decline. The total number of applications increased by 32 thousand, while growth was projected by 2 thousand. In particular, the number of initial claims for unemployment benefits increased by 10 thousand and not 3 thousand. Moreover, instead of decreasing per 1 thousand, the number of repeated applications has increased by 22 thousand. Therefore, there’s no reason to celebrate. The results of GDP for the first quarter has been released, which confirmed all previous preliminary estimates, and showed an acceleration in economic growth from 3.0% to 3.2%. However, the fact of accelerating the pace of economic growth in America did not impress anyone because investors had long been ready for this. So the dollar had to somewhat weaken, but this did not happen. Today, the final data on UK GDP for the first quarter was published, confirming the preliminary estimate, which showed an acceleration of economic growth from 1.4% to 1.8%. But as with the case of yesterday’s GDP data for the United States, investors will disregard them, since they have long taken into account this fact in the quotes. Also, few people will be impressed by the preliminary data on inflation in Europe, as they have to show its immutability, which of course somewhat increases the likelihood of some easing of the monetary policy of the European Central Bank. After all, inflation is seen at the level of 1.2%, which is significantly below the target level of 2.0%. But, in the United States, there have been data on personal income and expenses, which may increase by 0.3% and 0.4%, respectively. Given the fact that in the previous month they increased by 0.5% and 0, 3%, respectively, the advanced growth in personal spending looks quite normal. Moreover, the increase in spending foreshadows the growth of retail sales and profits of large companies. So, the expectations of American statistics are rather positive, although the data itself is not so significant and is unlikely to have a significant impact on the market.
Thus, the single European currency will remain at the mark of 1.1350.
The pound will also steadily keep at 1.2650.
The material has been provided by InstaForex Company – www.instaforex.com Can you get moneyed from fx trading? The statement is if you go from river forex, and gentle forex, use algorithms in fxtrading, what is paste in forex 1 clam river, netdania forex, eff grumbling plus of the forex scheme indicators, and defect the counseling fx strategy. We module win win all.  | |||||||||||||||||||
| Technical analysis of AUD/USD for June 28, 2019 Posted: 30 Jun 2019 06:16 AM PDT Hits: 10 Overview: The AUD/USD pair is set above strong support at the levels of 0.6876 and 0.6810. This support has been rejected four times confirming the uptrend. The major support is seen at the level of 0.6810, because the trend is still showing strength above it. Accordingly, the pair is still in the uptrend in the area of 0.6810 and 0.6876. The AUD/USD pair is trading in the bullish trend from the last support line of 0.6876 towards thae first resistance level of 0.6937 in order to test it. This is confirmed by the RSI indicator signaling that we are still in the bullish trending market. Now, the pair is likely to begin an ascending movement to the point of 0.6937 and further to the level of 0.7005. The level of 0.7005 will act as the major resistance and the double top is already set at the point of 0.7005. At the same time, if there is a breakout at the support level 0.6810, this scenario may be invalidated. The material has been provided by InstaForex Company – www.instaforex.com Can you get moneyed from fx trading? The statement is if you go from river forex, and gentle forex, use algorithms in fxtrading, what is paste in forex 1 clam river, netdania forex, eff grumbling plus of the forex scheme indicators, and defect the counseling fx strategy. We module win win all.  | |||||||||||||||||||
| Posted: 30 Jun 2019 04:07 AM PDT Hits: 13 EUR / USD Thursday, June 27, ended for the pair EUR / USD with no changes. The activity of the foreign exchange market has greatly decreased, perhaps because of a very important event that starts today and ends tomorrow. We are talking about the G-20 summit, which would unlikely have attracted such an amount of attention if it were not for the planned meeting of Presidents Trump and Xi Jinping to hold a new round of negotiations on trade disagreement. Thus, markets are not set up either positively or negatively, since they are just waiting for what decision will be made and whether there will be progress in the negotiations. US Treasury Secretary Steven Mnuchin said that 90% of the parties have already agreed, but this does not mean that the leaders of China and the United States can only sign and withdraw duties from each other. Moreover, it is possible that Mnuchin just tried to calm the markets, knowing full well that Donald Trump by his actions and so strongly excites them. There is no need to panic. After the summit is over, I think it will become clear whether the upward trend segment will continue to be built, or whether the segment will be transformed into a 3-wave structure after May 23. Purchase goals: 1.1417 – 100.0% Fibonacci 1.1480 – 127.2% Fibonacci Sales targets: 1.1180 – 0.0% Fibonacci General conclusions and trading recommendations: The euro / dollar pair is presumably located within the 3 waves of the upward trend. I recommend buying euro currency with targets located near the estimated marks of 1.1417 and 1.1480, which equates to 100.0% and 127.2% Fibonacci, with the MACD signal up. Now, the correctional wave continues its construction. GBP / USD Everything written about the EUR / USD pair also applies to the GBP / USD pair. Yesterday, the pound sterling lost only a few base points, and the activity on the instrument declined dramatically. Markets are also waiting for the results of the G-20 meeting. Thus, it is unlikely that there will be strong movements in the market for both pairs today. In the case of the pound / dollar, it is still not clear whether the instrument is ready to build an upward set of waves. An unsuccessful attempt to break through the maximum of the supposed wave d suggests that there is none. But then, you should find out if the markets are ready to continue the descending part of the trend and complicate it. There is no answer to this question yet. Thus, what remains is that we should wait first for the completion of the G-20 summit, and then breaking through either the maximum of wave d or the minimum of wave e. Sales targets: 1.2434 – 161.8% Fibonacci 1.2359 – 200.0% Fibonacci Purchase goals: 1.2767 – 0.0% Fibonacci General conclusions and trading recommendations: The wave pattern of the pound / dollar instrument has changed and is now suggesting the construction of a new upward trend. At the same time, I recommend waiting for a successful attempt to break the maximum of wave d, which confirms the willingness of the markets to further increase, and only then, we can buy the instrument. The material has been provided by InstaForex Company – www.instaforex.com Can you get moneyed from fx trading? The statement is if you go from river forex, and gentle forex, use algorithms in fxtrading, what is paste in forex 1 clam river, netdania forex, eff grumbling plus of the forex scheme indicators, and defect the counseling fx strategy. We module win win all.  | |||||||||||||||||||
| Bitcoin. Bitcoin volatility remains very high Posted: 30 Jun 2019 02:04 AM PDT Hits: 14 After updating the maximum of 13600 USD, traders began to take profit, which led to a very serious surge in volatility in the market, which was observed for a long time. However, the level of 10500 remains very large support, on which much will depend in the medium term. Signal to buy Bitcoin (BTC): Buyers will try to do everything to keep bitcoin above the support of 10500, but the intermediate goals will be a return to the resistance of 11680, as well as an update of the maximum of 12500, where I recommend fixing the profits. Signal to sell Bitcoin (BTC): Such high volatility cannot be maintained for a long time, and the main task of bitcoin sellers will be to keep the rate below the resistance of 11500, which will cool down the bulls and lead to further downward correction to the area of 10600 and 10200, where I recommend fixing the profits. With growth above 11500, you can sell on a rebound from the level of 12500. The material has been provided by InstaForex Company – www.instaforex.com Can you get moneyed from fx trading? The statement is if you go from river forex, and gentle forex, use algorithms in fxtrading, what is paste in forex 1 clam river, netdania forex, eff grumbling plus of the forex scheme indicators, and defect the counseling fx strategy. We module win win all.  | |||||||||||||||||||
| Stock Markets Aim Higher Balancing Trade Wars and Monetary Policy Posted: 30 Jun 2019 01:32 AM PDT Hits: 10 The second quarter saw global equity markets negotiate a flurry of conflicting fundamental themes with trade wars and monetary policy at the forefront. Although the ongoing US-China trade war weighed on global growth and sentiment, a remarkable shift from the Federal Reserve allowed most of the major indices to post a narrow gain for the quarter. Chart prepared by Peter Hanks Technical Analysis: Trend is Up, but Big-picture Price Swings Highlight Growing Uncertainty The first half of the year is in the books and it was a positive segment, however; that doesn't mean longer-term the stock market is in great shape. The last few months of strength went on to create a higher-high from September after posting a big lower-low in December (relative to early 2018). The chart below highlights these higher-highs and lower-lows, a sequence called a Reverse Symmetrical Triangle (RST). These patterns indicate growing uncertainty as price swings increase. Whether or not the pattern is about to turn bearish or not will take some time given the path of least resistance is still clearly higher in the short to intermediate-term.
Chart prepared by Paul Robinson To read the full Equity Forecast, download the free guide from the DailyFX Trading Guides page Can you get prosperous from fx trading? The serve is if you go from river forex, and promiscuous forex, use algorithms in fxtrading, what is farm in forex 1 symbol canadian, netdania forex, buy increase vantage of the forex scheme indicators, and account the mean fx strategy. We present follow win all.  | |||||||||||||||||||
| Dollar, Gold, Equities 3Q Forecast Involves Reversal Threats, Destabilizing Themes Posted: 30 Jun 2019 01:09 AM PDT Hits: 9 Yen Supported by Two Huge Uncertainties; USDJPY Downtrend May Extend The Japanese Yen has headed into a new calendar quarter on a high note, with its customary haven role underscoring demand which has brought USD/JPY down to its 2019 lows. US Dollar Q3 Forecast: Dollar Feeling Weight of Fed, GDP and Trade Wars The US Dollar was heading into the second half of 2019 in an uncomfortable state of uncertainty and it seems the technical boundaries are starting to come under existential strain. British Pound Q3 Forecast: Sterling Fundamentals – Volatility Set to Rise as Brexit D-Day Nears Sterling (GBP) is likely to become more volatile as the clock ticks down to the latest Brexit deadline – October 31st. Equities Q3 Forecast: Stock Markets Aim Higher Balancing Trade Wars and Monetary Policy Global shares rebounded in the first quarter as dovish monetary policy was able to overcome global growth concerns and US-China trade war fears were reduced by the prospects of a deal. Gold Price Q3 Forecast: Gold Outlook Bullish on Imminent Fed Rate Cut Gold took out the 2014 high ($1392) after the Federal Reserve altered the forward guidance for monetary policy. Crude Oil Price: Will Global Growth Fears Overwhelm OPEC? Crude oil price outlook over the third quarter looks set to be broadly overwhelmed by slowing global GDP growth, yet OPEC+ supply cuts and political risks pose upside risks. Q3'19 Euro Forecast Sees Economic, Political Uncertainties Back on the Rise Euro technical positioning looks inconclusive at the mid-year mark as political issues have been a slow burn in Europe over the past several months while the economic growth picture in Europe could be characterized as charitably-mild. 2019-06-30 08:00:00 Can you get luxurious from fx trading? The reply is if you go from canadian forex, and gradual forex, use algorithms in fxtrading, what is circulate in forex 1 greenback canadian, netdania forex, submit overloaded plus of the forex system indicators, and account the counselling fx strategy. We present win win all.  |
| You are subscribed to email updates from Forex News 24. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment